Obama announces new U.S. sanctions on Russia

Obama announces new U.S. sanctions on Russia
(Image credit: Mark Wilson/Getty Images)

President Obama on Tuesday announced new U.S. sanctions on Russia, in response to the downing of Malaysia Airlines Flight 17 earlier this month in an area of Ukraine held by Russian-backed rebels. Obama said the sanctions target "key sectors of the Russian economy: energy, arms, and finance."

Some details from The New York Times:

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Ryu Spaeth

Ryu Spaeth is deputy editor at TheWeek.com. Follow him on Twitter.